Gold Plunges Rs 180 on Global Cues; Snaps Two-Day Rally

New Delhi, May 15 (PTI) Gold prices retreated from over three-month highs by falling Rs 180 to Rs 27,710 per ten grams at the bullion market today on slackened demand from jewellers and retailers at prevailing levels amid a weak global trend.

In addition, appreciating rupee against the dollar that made imports cheaper, weighed on the prices. Check today's gold rates in various cities here.

Silver also eased by Rs 100 to Rs 39,400 per kg on lack of buying support from industrial units.